Fintech major Paytm, which has shown considerable improvement in its quarterly earnings for the past few quarters, is expected to post solid revenue growth for the quarter ended December. Revenue from operations may grow 32% year-on-year, according to an average estimate of two brokerages. On a sequential basis, revenue may rise 8%. Losses during the … Read more
Brokerage firm Macquarie maintained an outperform rating on LIC Housing, UBS downgraded Syngene to sell, UBS initiated a buy on Paytm and Axis Capital initiated coverage on Bharti Airtel with a buy rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on LIC Housing: Outperform| Target … Read more
Benchmark indices went into a tailspin after hitting their fresh all-time high levels on Wednesday, closing down by over 1% as investors cashed in on the recent rally. Stocks that were in focus included names like Paytm, which fell 1.08%, Varun Beverages, which rose 6.62%, and Astral, whose shares declined 2.19% on Wednesday. Here’s what … Read more
